Azul is the most on-time airline in Brazil and the most on-time LCC in the Americas
Azul Brazilian Airlines is the most on-time airline in Brazil and the most on-time low cost carrier (LCC) in the Americas. As reported in the official OAG worldwide airline punctuality rankings, 84.14% of Azul flights arrived within 14 minutes and 59 seconds of their scheduled arrival time. This on-time metric also makes Azul the fifth […]
GOL to convert common shares into preferred shares
GOL Linhas Aéreas Inteligentes S.A., (NYSE: GOL and B3: GOLL4), Brazil´s #1 airline, in compliance with article 12, paragraph 6, of the ruling No. 358, issued by Comissão de Valores Mobiliários (Brazilian Securities and Exchange Comission Rule) dated as of January 3, 2002, as amended, informs its shareholders and the market in general that it […]
Boeing-Embraer Talks Have Not Settled Question Of Control: Sources
Tie-up talks between Boeing Co and Embraer SA have not settled key questions such as control of the Brazilian planemaker or the possibility of a more narrow joint venture, two people familiar with the negotiations told Reuters, pushing back against a newspaper report on Tuesday. Brazilian newspaper Valor Economico had reported that the talks have […]
Fraport to invest $368m as new Brazil contracts begin
Fraport AG subsidiary Fraport Brasil formally commenced operations at Brazil"™s Fortaleza Pinto Martins International Airport (FOR) and Porte Alegre Salgado Filho International Airport (POA) yesterday. As reported, Fraport secured 30-year and 25-year contracts to manage and operate concessions at Fortaleza and Porto Alegre in Brazil, respectively, in March last year as part of public tender […]
Brazil lower house approves Open Skies deal with U.S.
The lower house of Brazil"™s Congress on Tuesday approved an Open Skies agreement between Brazil and the United States that clears the way for a partnership between American Airlines Group Inc and LATAM Airlines Group SA . The Open Skies treaty, which needs Senate approval for final ratification, was signed in 2011 but faced opposition […]
Las Vegas to Welcome Nonstop Service from Brazil with LATAM Airlines Group
LATAM Airlines Group, the leading airline group in South America, on Dec. 18, announced that its Brazilian affiliate, LATAM Airlines Brazil, will begin nonstop seasonal service to Las Vegas in June 2018, marking the first scheduled nonstop flight to Las Vegas from Brazil. Beginning June 21, the route will depart Sao Paulo every Monday, Thursday […]
Sky Airline sets off from Santiago on three international sectors
Sky Airline now serves Brazil once again from its home base of Santiago (SCL), with the carrier this week beginning flights to Florianopolis (FLN) and Rio de Janeiro Galeao (GIG). The former, which will be flown three times weekly, launched on 13 December, while flights to Galeao, to be flown twice-weekly (Thursdays and Saturdays), commenced […]
Uptick in Latin American cargo traffic
The Latin American and Caribbean Air Transport Association (ALTA) has reported that its member airlines flew 439.6m freight tonne-kilometres (FTKs) in October, up by 0.7% over the same month of 2016. At 130.9m FTKs, intra-Latin American cargo traffic was down by 2.2% year-on-year, but at 308.8m FTKs extra-Latin American freight traffic was up by 2% […]
Argentina, Brazil, Paraguay and Uruguay make further advances in regional ansp integration and cooperation
Argentina, Brazil, Paraguay and Uruguay today reaffirmed their commitment to continue working together toward higher operational safety, quality and efficiency standards in their air navigation services. Representatives from the four countrie"™ Air Navigation Service Providers (ANSPs) gathered in Buenos Aires to hold the Second Regional Integration and Cooperation ANSP Meeting, within the framework of the […]
Gol CFO talks roadshow after lengthy restructuring
Gol could print between $350m and $550m in fresh seven-year debt to fund a liability management exercise and increase the portfolio of its debt profile, the Brazilian airline’s CFO told LatinFinance on Monday. «We want to take advantage of market conditions, increase the profile of our debt portfolio and advance our deleveraging story that we […]
